Last Price$7.8(5.5%)
Market Cap$1,553.2M
LTM Net Income
$241.7M
YoY Growth
+96.5%
3Y CAGR
-11.5%
5Y CAGR
+65.0%
Stock quality & Intrinsic value
7/10
64.8% overvalued
Golden Ocean Group Limited Net Income
Annual
Quarterly
LTM
Crunching data... Almost there!
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $85.8M | $44.0M | $45.7M | $84.8M | $48.1M | $21.7M | $38.6M | $32.7M | ($53.4M) | ($3,903.0K) | $16.0M | ($220.8M) | ($127.7M) | ($2,348.0K) | $84.5M | $37.2M | ($137.7M) | $527.2M | $461.8M | $112.3M |
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Golden Ocean Group Limited (GOGL) Net Income comparison analysis
General
LTM Net Income
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
Golden Ocean Group LimitedGOGL
$241.7M
96.5%
(11.5%)
65.0%
Median Peer Set
$324.0M
2.5%
(4.9%)
15.3%
ZIM Integrated Shipping Services Ltd.ZIM
$1,586.2M
N/A
(30.1%)
N/A
Danaos CorporationDAC
$505.1M
(12.4%)
(21.7%)
30.9%
Matson, Inc.MATX
$476.4M
60.4%
(19.9%)
41.9%
Navios Maritime Partners L.P.NMM
$405.0M
(10.6%)
5.6%
233.5%
Global Ship Lease, Inc.GSL
$328.1M
5.0%
41.8%
N/A
Costamare Inc.CMRE
$319.9M
(17.1%)
(9.7%)
26.4%
Star Bulk Carriers Corp.SBLK
$304.7M
75.5%
(29.6%)
N/A
Kirby CorporationKEX
$286.7M
28.6%
N/A
15.0%
SFL Corporation Ltd.SFL
$141.8M
88.9%
N/A
15.5%
Capital Product Partners L.P.CPLP
$97.8M
(4.2%)
16.9%
N/A
GOGL key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 135.7 0.0% | 100.2 (26.2%) | 105.7 5.5% | 88.2 (16.6%) | 82.9 (6.0%) | 67.3 (18.8%) | 95.9 42.4% | 94.5 (1.4%) | 37.3 (60.5%) | 37.5 0.6% | 96.7 157.6% | 189.6 96.1% | 257.8 36.0% | 460.0 78.4% | 656.1 42.6% | 705.8 7.6% | 607.9 (13.9%) | 1,203.2 97.9% | 1,113.5 (7.5%) | 885.8 (20.4%) |
| Cost of Goods Sold (COGS) | 24.1 | 33.7 | 35.9 | 28.4 | 18.5 | 8.6 | 30.1 | 30.0 | 23.0 | 25.8 | 72.2 | 248.2 | 312.9 | 399.9 | 498.5 | 589.9 | 563.9 | 675.0 | 691.8 | 675.9 |
% margin | 111.6 82.2% | 66.5 66.4% | 69.9 66.1% | 59.7 67.8% | 64.4 77.6% | 58.8 87.2% | 65.8 68.6% | 64.5 68.2% | 14.3 38.2% | 11.8 31.3% | 24.5 25.4% | (58.6) (30.9%) | (55.0) (21.4%) | 60.1 13.1% | 157.5 24.0% | 115.9 16.4% | 44.0 7.2% | 528.2 43.9% | 421.7 37.9% | 209.9 23.7% |
| Operating Expenses | 42.4 | 51.8 | 54.5 | 46.9 | 15.2 | 35.0 | 22.6 | 26.3 | 4.3 | 4.9 | 5.0 | 17.2 | 14.5 | 8.7 | 11.7 | 15.3 | 10.8 | 20.2 | 20.8 | 18.7 |
| Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 1.1 | 1.0 | 1.5 | 1.5 | 1.5 | 20.7 | 3.0 | 3.5 | 4.3 | 4.9 | 5.0 | 12.5 | 12.7 | 12.6 | 14.7 | 14.1 | 13.7 | 18.1 | 20.4 | 18.7 |
% margin | 93.3 68.7% | 48.4 48.3% | 51.3 48.5% | 90.4 102.5% | 49.1 59.2% | 23.8 35.3% | 43.2 45.0% | 38.2 40.4% | 10.0 26.8% | 6.8 18.2% | 19.5 20.1% | (239.1) (126.1%) | (70.3) (27.3%) | 50.1 10.9% | 145.0 22.1% | 100.7 14.3% | 19.8 3.3% | 513.6 42.7% | 435.1 39.1% | 188.6 21.3% |
| Interest Income | 0.0 | 0.0 | 0.0 | 1.0 | 2.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.8 | 1.7 | 2.2 | 7.6 | 4.4 | 1.2 | 0.5 | 2.3 | 4.7 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 6.4 | 3.2 | 1.9 | 3.9 | 5.0 | 3.8 | 2.8 | 2.5 | 28.3 | 44.2 | 59.8 | 75.1 | 59.5 | 47.5 | 39.9 | 56.2 | 103.7 |
| Pre-tax Income | 69.1 | 14.7 | 15.4 | 12.8 | 48.9 | 23.5 | 38.6 | 32.7 | 5.9 | 3.5 | 16.3 | (220.7) | (127.9) | (2.3) | 84.8 | 37.4 | (137.5) | 527.6 | 462.2 | 112.8 |
% effective tax rate | (16.7) (24.2%) | (29.2) (197.9%) | (30.3) (196.3%) | (71.8) (559.8%) | (2.0) (4.0%) | 0.5 2.1% | 0.7 1.9% | 0.7 2.0% | 59.3 1,009.7% | 7.4 210.6% | 0.3 1.6% | 0.2 (0.1%) | (0.2) 0.1% | 0.1 (2.4%) | 0.2 0.3% | 0.2 0.6% | 0.1 (0.1%) | 0.4 0.1% | 0.4 0.1% | 0.5 0.5% |
% margin | 85.8 63.3% | 44.0 43.9% | 45.7 43.2% | 84.8 96.2% | 48.1 58.0% | 21.7 32.2% | 38.6 40.2% | 32.7 34.5% | (53.4) (143.2%) | (3.9) (10.4%) | 16.0 16.5% | (220.8) (116.5%) | (127.7) (49.5%) | (2.3) (0.5%) | 84.5 12.9% | 37.2 5.3% | (137.7) (22.6%) | 527.2 43.8% | 461.8 41.5% | 112.3 12.7% |
| EPS | 23.11 | 11.83 | 12.29 | 22.84 | 12.94 | 5.85 | 9.30 | 6.17 | (10.07) | (0.70) | 1.38 | (7.30) | (1.34) | (0.02) | 0.59 | 0.26 | (0.96) | 2.74 | 2.30 | 0.56 |
| Diluted EPS | 23.11 | 11.83 | 12.29 | 22.84 | 12.94 | 5.85 | 9.30 | 6.12 | (10.01) | (0.70) | 1.38 | (7.30) | (1.34) | (0.02) | 0.59 | 0.26 | (0.96) | 2.73 | 2.30 | 0.56 |
% margin | 110.9 81.8% | 66.4 66.3% | 69.7 65.9% | 108.2 122.8% | 65.0 78.4% | 37.9 56.3% | 62.1 64.7% | 60.4 63.9% | 20.8 55.6% | 17.9 47.7% | 18.6 19.3% | (139.2) (73.4%) | (18.5) (7.2%) | 131.0 28.5% | 252.0 38.4% | 190.8 27.0% | 21.2 3.5% | 691.2 57.4% | 530.7 47.7% | 352.0 39.7% |
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FAQ
1) What is Golden Ocean Group Limited's Net Income?
As of today, Golden Ocean Group Limited's last 12-month Net Income is $241.7M, based on the financial report for Sep 30, 2024 (Q3’2024).
2) What is Golden Ocean Group Limited's Net Income growth rate?
Over the last year, Golden Ocean Group Limited's Net Income growth was 96.5%. The average annual Net Income growth rates for Golden Ocean Group Limited have been 72.9% over the past three years, 65.0% over the past five years.
3) Is Golden Ocean Group Limited's Net Income growth rate Good?
Over the last year, Golden Ocean Group Limited's Net Income growth was 96.5%, which is higher than industry growth of (0.1%). It indicates that Golden Ocean Group Limited's Net Income growth is Good.